The Bank of New York Mellon Co. (NYSE:BK – Free Report) – Analysts at Zacks Research boosted their FY2025 earnings estimates for shares of Bank of New York Mellon in a research report issued on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the bank will post earnings per share of $6.71 for the year, up from their prior estimate of $6.70. The consensus estimate for Bank of New York Mellon’s current full-year earnings is $6.96 per share. Zacks Research also issued estimates for Bank of New York Mellon’s Q4 2025 earnings at $1.83 EPS, Q2 2026 earnings at $1.89 EPS, Q3 2026 earnings at $1.85 EPS, Q4 2026 earnings at $2.04 EPS and FY2026 earnings at $7.51 EPS.
Bank of New York Mellon (NYSE:BK – Get Free Report) last announced its earnings results on Wednesday, January 15th. The bank reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.18. The business had revenue of $4.85 billion during the quarter, compared to analysts’ expectations of $4.66 billion. Bank of New York Mellon had a return on equity of 12.68% and a net margin of 11.35%. The business’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.28 earnings per share.
Get Our Latest Analysis on Bank of New York Mellon
Bank of New York Mellon Stock Up 2.8 %
NYSE BK opened at $81.87 on Thursday. The business has a fifty day moving average price of $84.30 and a 200 day moving average price of $78.40. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.70 and a current ratio of 0.69. The company has a market cap of $58.78 billion, a P/E ratio of 14.09, a P/E/G ratio of 0.97 and a beta of 1.06. Bank of New York Mellon has a one year low of $52.64 and a one year high of $90.34.
Bank of New York Mellon Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, January 27th were given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date was Monday, January 27th. Bank of New York Mellon’s dividend payout ratio is presently 32.36%.
Institutional Trading of Bank of New York Mellon
A number of institutional investors and hedge funds have recently added to or reduced their stakes in BK. Parvin Asset Management LLC purchased a new stake in Bank of New York Mellon during the fourth quarter worth about $25,000. Bellwether Advisors LLC acquired a new position in shares of Bank of New York Mellon in the fourth quarter valued at approximately $28,000. REAP Financial Group LLC grew its holdings in shares of Bank of New York Mellon by 123.2% in the fourth quarter. REAP Financial Group LLC now owns 395 shares of the bank’s stock valued at $30,000 after purchasing an additional 218 shares in the last quarter. Transce3nd LLC purchased a new stake in Bank of New York Mellon during the 4th quarter worth approximately $33,000. Finally, South Plains Financial Inc. acquired a new stake in Bank of New York Mellon during the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 85.31% of the company’s stock.
Bank of New York Mellon Company Profile
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.
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